World’s Leading Salon Suite Brand Ranks on Entrepreneur Magazine’s 43rd Franchise 500® List, Following International Expansion
Phenix Salon Suites, the leading salon suites brand turned international trailblazer, is continuing its impressive growth spurt.
Following one of its biggest development years ever, the brand solidified its position by ranking in the top 100 on Entrepreneur magazine’s Franchise 500® list at #75, marking the ninth year in a row that Phenix Salon Suites has made the list.
Since starting to franchise over a decade ago, the brand has continued to reinforce its stellar reputation as the leading salon suite rental franchise. With more than 150 combined licenses sold, Phenix Salon Suites had a monumental year in more ways than one. From opening the first international salon location in Manchester, U.K. to surpassing 300 locations domestically to signing a countrywide development agreement for Sweden, Phenix Salon Suites is experiencing its strongest growth in the company’s history.
“It was an exciting year for Phenix, especially as we experienced one of its best years in terms of franchise growth,” said Gina Rivera, founder of Phenix Salon Suites. “Our momentum is definitely a testament to our proven model, supportive corporate team and dedicated franchisees. It’s exciting to look back at the milestones we achieved, from launching our global expansion to welcoming a number of experienced franchisees, like LL COOL J. In 2022, I’m looking forward to seeing this growth continue and starting the year off on the right track by being named on Entrepreneur magazine’s Franchise 500® list for the ninth year in a row.”
Rivera, who started as a stylist herself, has always been an advocate and mentor to lifestyle professionals throughout the Phenix system. In fact, she is not only the founder of Phenix Salon Suites but is also an active stylist with over 42,000 hours behind the chair servicing clients and 13,000 hours working in a suite. Rivera’s experience as a stylist helped create Phenix’s proprietary mobile app. Named Gina’s Platform, the mobile app has seen a 445% increase in utilization among lifestyle professionals over the past two years.
Phenix Salon Suites was one of the first salon suite concepts to offer luxurious, spacious suites for independent salon and lifestyle professionals to rent on a month-to-month basis and become their own boss. The suites are equipped with upscale amenities including, a styling chair, shampoo chair, two cabinets, a hairdryer and a shampoo bowl that hooks directly onto the sink. The salon essentials are designed to meet each professional’s basic needs while providing them the opportunity to customize their suites, set their own hours, and operate their businesses as sole proprietors.
While no salon experience is necessary, the most successful franchisees have working knowledge of commercial real estate, general business experience, and are well-capitalized with the ability to invest $300,000 or more.